Sold for $136,000
Cheapest Unit in Town
This is a great opportunity for the adventurous investors to add to or compliment their real estate port folio.
In reality, it is a ?Renovators Delight? ? it needs paint, carpet, kitchen, bathroom including extensive work outdoors
A handy garden shed is available to the rear with a low maintenance garden established once a little pruning contains the beautiful roses along the driveway.
Whilst there is some work to endure both inside and out, this property has a great little footprint to work with and once renovated, this little beauty would be rent appraised at approx $190 per week, especially within a rent frenzy position of Mount Clear.
One of three units and located with proximity benefits to the Midvale shopping precinct, public transport, local schools and of course Federation University.
Therefore, if you are thinking of cutting the family ties, or ready to move in with a friend or are thinking of a working your money whilst studying at Uni, then this one will not only get your creative juices flowing, it will also provide a fabulous venture to undertake in your spare time.
Call our agent today for further details.
About mount clear
median house price385000
median house rent265
suburb rental yield3.6%
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.